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USDCAD TECHS

Outlook Remains Bullish

AUDUSD TECHS

Corrective Cycle

DOLLAR

USD selling going through in the early European session.

  • DXY hovers near the low and the USD is touching low of the day against EUR GBP, JPY, NOK, SEK, CHF, THB, PLN, ZAR, and CZK.
  • USD is better offered versus most major, despite some pullbacks lower in Equities, with US fiscal negotiations still in deadlock
  • Closest MNI tech support comes in the USDCAD at 1.3202 Low Feb 2, now trading at 1.3238
MNI London Bureau | +44 203-865-3806 | fabrice.benhassine@marketnews.com